Quantitative Aptitude
Profit, loss and discount
Cost price, selling price, profit %, loss % and discounts.
Profit = SP − CP; Loss = CP − SP.
Profit % = Profit ÷ CP × 100 (always on cost price).
Discount is given on the marked price: SP = MP × (1 − d/100).
📌 Remember for the exam
- Profit and loss % are calculated on CP
- Discount % is calculated on marked price